Announced Mon, 18 May · 18:42 IST

Intimation for Finance committee meeting to be held on 21st May, 2026.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹98.77
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AI summary

Unifinz Capital India Ltd has informed BSE about a Finance Committee meeting scheduled for May 21, 2026. The meeting will consider and approve raising funds through issuance of Non-convertible Debentures (NCDs) on a private placement basis. The proposed amount is up to Rs. 315 crore. This issuance was previously approved by the Board of Directors on March 28, 2026, and falls within the overall borrowing limit authorized by shareholders at the AGM held on July 30, 2025. The company filed this intimation under Regulation 29 of SEBI LODR Regulations.

Likely market impact

The company is planning to raise significant debt capital (Rs. 315 crore) via NCDs. Since NCDs are non-convertible, there is no direct equity dilution for existing shareholders. However, increased debt obligations could affect future profitability and credit profile. The prior intimation demonstrates regulatory compliance.